One of my major life goals since I was a kid has been to own property, ideally a good bit of it. I'm now firmly at the point where I really need to plan for it, both pragmatically and financially.
My questions to the Pit are about what things to look for, what to avoid, considerations that may not be obvious, heck just general advice. Things that you'd consider total deal breakers, or deal-makers.
I have some ideas about what I want. I want:
Long term, I would like to build a residence on the property to live in after retirement. I would still crop lease out. I would also then starting adding a barn and stables, have a few horses, and add some chickens, lambs, sheep. Horses for riding, the other for funsies and (potential) food sources. I'd also like to have shooting ranges, because why wouldn't you.
I do have acerage and price points in mind, both of which can be adjusted for the "right" plot. One constraint would be that I'm currently located in N. IL and would like the property to be within 6 to 8 hours max driving so I can actually go a couple weekends a month.
What things do I need to think about, such as:
My questions to the Pit are about what things to look for, what to avoid, considerations that may not be obvious, heck just general advice. Things that you'd consider total deal breakers, or deal-makers.
I have some ideas about what I want. I want:
- A good chunk, like 100ac or more
- Mix of tillable/crop and wooded, open.
- Terrain features like rolling hills, elevation changes, not just a big flat rectangle.
- A natural water source either on property or nearby; could be a stream, river or creek that runs through the property or a lake or river in proximity.
- Buildable site for eventual house(s), barn(s), workshops.
- Wildlife. Coyotes, upland birds, waterfowl, deer, oh my! The more and variable wildlife, the better.
Long term, I would like to build a residence on the property to live in after retirement. I would still crop lease out. I would also then starting adding a barn and stables, have a few horses, and add some chickens, lambs, sheep. Horses for riding, the other for funsies and (potential) food sources. I'd also like to have shooting ranges, because why wouldn't you.
I do have acerage and price points in mind, both of which can be adjusted for the "right" plot. One constraint would be that I'm currently located in N. IL and would like the property to be within 6 to 8 hours max driving so I can actually go a couple weekends a month.
What things do I need to think about, such as:
- Features to look for
- Features to avoid
- Deal-makers
- Deal-breakers
- ???